The Kotak Nifty PSU Bank ETF, trading under the ticker IN:PSUBANK, is a strategically focused exchange-traded fund designed to give investors targeted exposure to the public sector banking segment of the Indian financial markets. This ETF specifically mirrors the performance of the Nifty PSU Bank Index, which encompasses a diverse collection of leading public sector banks in India. As a sector-focused investment tool within the financial category, its niche concentration on banks makes it an appealing choice for investors seeking to capitalize on the potential growth and resilience of state-owned banking institutions.
With India's banking sector being a pivotal component of its economic infrastructure, this ETF offers investors a unique opportunity to tap into the dynamics of public sector banks, which often play a crucial role in implementing government financial policies and supporting economic initiatives. The Kotak Nifty PSU Bank ETF provides not only a vehicle for diversification within the financial sector but also a means to benefit from the cyclical and structural trends affecting public sector banks. Whether you're looking to hedge against broader market volatility or enhance your portfolio with a targeted financial sector play, this ETF represents a compelling option for both seasoned investors and those new to financial markets.
Kotak Nifty PSU Bank ETF (PSUBANK) Fund Flow Chart
Kotak Nifty PSU Bank ETF (PSUBANK) 1 year Net Flows: 1B
PSUBANK ETF FAQ
What was IN:PSUBANK’s price range in the past 12 months?
IN:PSUBANK lowest ETF price was 529.96 and its highest was 904.02 in the past 12 months.
What is the AUM of IN:PSUBANK?
As of Feb 18, 2025 The AUM of IN:PSUBANK is 13.02B.
Is IN:PSUBANK overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does IN:PSUBANK pay dividends?
IN:PSUBANK does not currently pay dividends.
How many shares outstanding does IN:PSUBANK have?
Currently, no data Available
Which hedge fund is a major shareholder of IN:PSUBANK?
Currently, no hedge funds are holding shares in IN:PSUBANK